Monday, August 25, 2014

ECONOMIC STATUS OF GREAT BRITAIN

Shocker.  Britain is poorer than every state except Mississippi.  Britain has had the welfare state since the end of World War II but it clearly has not improved the welfare of the average Brit.  I am not sure Washington is listening.  But not even the Brits realize how bad they off they are. . .but ironically they do criticize the economic inequality in America.

I came across a striking fact while researching this piece: if Britain were to somehow leave the EU and join the US how would we rank? The answer is that we’d be the 2nd-poorest state in the union, poorer than Missouri. Poorer than the much-maligned Kansas and Alabama. Poorer than any state other than Mississippi, and if you take out the south east we’d be poorer than that too.

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